Company Overview of Union Electric Company
Union Electric Company operates as a rate-regulated electric generation, transmission, and distribution company in Missouri. The company is also involved in the rate-regulated natural gas transmission and distribution business. As of January 13, 2014, it served 1.2 million electric and 127,000 natural gas customers in central and eastern Missouri. The company was incorporated in 1922 and is based in St. Louis, Missouri. Union Electric Company is a subsidiary of Ameren Corporation.
1901 Chouteau Avenue
St. Louis, MO 63103
Founded in 1922
Key Executives for Union Electric Company
Chief Executive Officer of Ameren Corporation and President of Ameren Corporation
Chief Executive Officer of Ameren Corporation - Holding and Director of Ameren Corporation -Holding
Compensation as of Fiscal Year 2014.
Union Electric Company Key Developments
Ameren Missouri Plans to Shut Down Meramec Coal-Fired Plant Located in Oakville by 2022
Jul 9 14
Ameren plans to close its 61-year-old coal-fired power plant in south St. Louis County. Ameren Missouri plans to shut down the Meramec coal-fired plant, which is located in Oakville, by 2022. The closing could come sooner, pending changes in rules on greenhouse gas emissions. The Sierra Club previously sued Ameren in an effort to force the company to reduce air pollution at the Meramec plant and two other local facilities.
Ameren Missouri Reports Unaudited Earnings Results for the First Quarter Ended Mach 31, 2014
May 8 14
Ameren Missouri reported unaudited earnings results for the first quarter ended Mach 31, 2014. For the quarter earnings were $47 million, compared to first quarter 2013 earnings of $40 million. The increase in earnings reflected much colder winter temperatures, which drove higher electric and natural gas sales volumes, a decrease in interest expense and disciplined cost management. These positive factors were partially offset by higher depreciation expense and a higher effective income tax rate.
Ameren Missouri Opens Emergency Operations Center
Apr 4 14
Ameren Missouri's Emergency Operations Center (EOC) opened at 2:00 p.m. on April 3, 2014 to prepare for additional severe weather that is forecast for its service territory. Ameren Missouri crews continue working in the field to repair damage and restore power from overnight storms. As more severe weather develops, employees will be ready to be deployed to the hardest hit areas.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries